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ESG

Our Approach

ESG is at the core of our operations.

Environment - We contribute to the fight against climate change by investing into key technologies at the center of the energy transition.

Social – We take various measures to foster our employees’ talent and to have a positive impact on the communities we operate in.

Governance - We make continuous efforts to ensure we follow best practice governance approaches.

As of September 2022, Tion received an ESG Risk Rating of 22.6 from Sustainalytics, one of the major ESG Rating providers, and was assessed to be at medium risk of experiencing material financial impacts from ESG factors.

To further increase our positive impact, we have identified three key areas with significant impact potential: environment, people, and partners. In order to address these, we have introduced our Sustainability Framework, composed of three pillars serving as the foundation for the Group’s sustainability strategy.

ESG Framework

01.

Delivering renewable energy in a sustainable and efficient way

02.

Fostering talent, communities and digitalization

03.

Being a responsible energy platform

01.

Delivering renewable energy in a sustainable and efficient way

02.

Fostering talent, communities and digitalization

03.

Being a responsible energy platform

Sustainable
Development Goals

We are committed to contribute to the fulfillment of the United Nations Sustainable Development Goals (“SDGs”). By analyzing our contribution to each SDG, we have identified four core SDGs to which we as a Group most substantially contribute to.

The 17 SDGs were developed as part of the United Nations Agenda 2030, which represents a global “footprint for peace and prosperity for people and the planet, now and into the future.” Each of the 17 SDGs addresses different challenges facing the global community and planet earth today. Every goal in turn includes a set of subgoals, all of which need to be accomplished in order for a SDG to be considered completed by 2030. The SDGs present the new set of global development goals and are the successors to the Millennium Development Goals.

7.
7

Affordable and clean energy

8.
8

Work and economic growth

13.
13

Climate action

17.
17

Partnerships for the goals

Sustainability Targets

Reduce Emissions to Revenue Ratio by 25% compared to the base year 2020

Increase share of renewable energy in energy consumption to at least 75% in a first step

Develop a supply chain management system

Initiatives

Through Deutsche Sporthilfe’s initiative called “Sprungbrett Zukunft”, we offer leading young athletes the opportunity to gain professional experience through internships with flexible working hours to accommodate demanding training schedules, thereby facilitating dual careers. Stiftung Deutsche Sporthilfe is the largest privately funded sports sponsorship initiative in Germany. Its initiative “Sprungbrett Zukunft” promotes dual careers to clear the path for athletes to have a successful career once they retire from competitive sports. Since 1967 it has successfully supported professional athletes.

Learn More About Deutsche Sporthilfe

Corporate Governance

Our continued success relies on solid governance structures and policies ensuring that legal requirements are met and best-practice approaches are adopted. Find out more in the resources below.

Supervisory Board

Dr. Bettina Mittermeier

Chairwoman of the Supervisory Board

Dr. Bettina Mittermeier

Dr. Michael Menz

Deputy Chairman of the Supervisory Board

Dr. Michael Menz

Dr. Eva Kreibohm

Member of the Supervisory Board

Dr. Eva Kreibohm

Verena Mohaupt

Member of the Supervisory Board

Verena Mohaupt

Florian Seubert

Member of the Supervisory Board

Florian Seubert

Victor Moftakhar

Member of the Supervisory Board

Victor Moftakhar